New Re 1 coin to be available soon: Check its features and how it is different from old coin
The design of the coins is prepared by the National Institute of Design while Security Printing and Minting Corporation of India Limited and the Ministry of Finance played the key role in the introduction of new coins in the country.
Finance ministry had issued a notification on March 6 announcing the launch of 5 new coins in the country namely new One Rupee, Two Rupees, Five Rupees, Ten Rupees and Twenty Rupees. The design of the coins is prepared by the National Institute of Design while Security Printing and Minting Corporation of India Limited and the Ministry of Finance played the key role in the introduction of new coins in the country.
Various new features have been incorporated in the new series of circulation coins to make them more easy for the visually impaired people.
The coins are characterized by the increasing size and weight from lower to higher denominations from Re 1 to Rs 20 coin. Re 1 coin is the smallest of all.
Features of ONE RUPEE coin:
The face of the coin will have the Lion Capitol of Ashoka Pillar with the legend 'Satyamev Jayate' in Hindi inscribed below, flanked on the left periphery with the word 'Bharat' in Hindi and on the right periphery with the word “INDIA” in English same as other coins.
The face of the coin will have the denominational value “1” in the international numerals. The Rupee symbol will be shown above the denominational value. The design of grains which shows the agricultural dominance of the country is flanked on the left periphery of the coin.
The top right and bottom right peripheries will have the word 'Ek Rupaya' in Hindi and “ONE RUPEE” in English. The year of minting in international numerals shall be shown on the centre of the left periphery of the coin.
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Talking about the shape and outside diameter, then the new Re 1 coin is 20 mili-meter circular, has a metal composition of Ferritic stainless steel containing Iron of 83%, Chromium of 17% same as Rs 2 new coin.
Whereas Re 1 old coin which was released in the year 1992 is minted from stainless steel. It weights 4.85 grams. The coin has a diameter of 25-millimetre and thickness of 1.45-millimetre. In independent India, one rupee coins were first minted in the year 1950 and are currently in circulation.